Tag: cost of living
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Sydney risks becoming ‘city with no grandchildren’ as housing costs push out families, expert warns
Sydney is on track to be “the city with no grandchildren” as high housing costs drive young families to the regions and interstate. New South Wales Productivity Commission research found Sydney lost twice as many people aged from 30 to 40 as it gained between 2016 and 2021. The driving factor for the exodus was…
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Berlin’s plan for driverless magnetic trains derided by climate groups
A 5-7km pilot stretch of magnetic levitated railway (maglev) at an estimated cost of €80m-€85m (£70m-£74m) could be in use within two years, Dirk Stettner, the parliamentary faction leader of the Christian Democrats (CDU) has said, citing the advantages of a magnetic train above the existing, extensive underground and overground networks. At a time when…
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The year the Australian dream died
Those the BBC spoke to say that the Australian Dream has been demolished, eroding the foundations of the nation’s identity. Australia has long thought itself the land of a fair go. “[But] education and hard work are no longer the main determinants of how wealthy you are; now it comes down to where you live…
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UN says Africa faces unprecedented food crisis, with 3 in 4 people unable to afford a healthy diet
At least three-fourths of Africans can’t afford a healthy diet, and a fifth are undernourished due to an “unprecedented food crisis,” United Nations agencies said in a report released Thursday with the African Union Commission. The continent’s 1.4 billion people are confronting high levels of hunger and malnutrition as the hit on world grain supplies…